Legal Definitions - rentcharge

Definition: Rentcharge is the right to receive an annual sum from the income of land, usually in perpetuity, and to retake possession if the payments are in arrears. It is a type of rent that is charged on a property and paid periodically for the use or occupancy of the property.

Examples:

• Ceiling rent: The maximum rent that can be charged under a rent-control regulation.
• Crop rent: The portion of a harvest given to a landlord by a sharecropper as rent.
• Ground rent: Rent paid by a tenant under a long-term lease for the use of undeveloped land, usually for the construction of a commercial building.
• Rent charge: The right to receive an annual sum from the income of land, usually in perpetuity, and to retake possession if the payments are in arrears.

These examples illustrate how rentcharge can take different forms, such as a maximum rent under rent-control regulations, a portion of a harvest given as rent, or rent paid for the use of undeveloped land. In each case, rentcharge is a type of rent that is charged on a property and paid periodically for the use or occupancy of the property.